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6. Suppose we buy a 99-strike call and sell a 105-strike call on S. Draw a payoff diagram for our net position. Are we short

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6. Suppose we buy a 99-strike call and sell a 105-strike call on S. Draw a payoff diagram for our net position. Are we short or long S in this position? 7. Suppose we by a 100-strike put and a 100-strike call on S. Draw a payoff diagram of the net postion. Are we short or long (or something else) in this position

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